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Fly News Breaks for September 19, 2017
GPS
Sep 19, 2017 | 06:18 EDT
Credit Suisse analyst Christian Buss upgraded Gap to Neutral and raised his price target for the shares to $30 from $23. The analyst says his firm's brick-and-mortar real estate analysis indicates Gap is better positioned than he thought. The retailer scored 57.1% versus the group average of 50%, by scoring higher in the mall exposure and mall quality categories, Buss tells investors in a research note. He views Gap's real estate positioning as attractive.